In the previous session, U.S. crude lost 5 percent of its value as the market began to price in the possibility of a deal with Iran. Benchmark Brent crude oil was down 35 cents at $ 56.06 a barrel. Read MoreAngola joins Venezuela among biggest losers of oil’s tumble Read More
Author: S&P Futures
Australian bond futures prices have rallied on the back of Friday’s speech by US Federal Reserve chair Janet Yellen. “US bond yields fell (prices rose) after Fed chair Yellen’s speech, which was similar in tone to the Federal Open Market Committee,” St George senior economist Jo Horton said. “(Dr) Yellen said the Fed may well Read More
US Federal Reserve Chair Janet Yellen signalled that the US central bank will likely start raising interest rates later in 2015, even before inflation and wages have returned to health, but emphasised that the return to normal interest rates will be gradual. A downturn in core inflation or wage growth in US could force Read More
* Dow Chemical to spin off unit, merge it with Olin * Q4 GDP at 2.2 pct, but corporate profits fall * Fed Chair Janet Yellen to speak shortly before the closing bell * Futures off: Dow 40 pts, S&P 3 pts, Nasdaq 8 pts (Updates prices, adds GDP data, comment) By Rodrigo Campos NEW Read More
LONDON (ShareCast) – US stock futures pointed to a fifth consecutive day in the red on Friday, as investors awaited a speech from Federal Reserve chairwoman Janet Yellen. The Dow Jones Industrial Average is expected to open approximately, while the S&P 500 and the Nasdaq are expected to begin the final session of the week Read More
* Dow Chemical to spin off unit, merge it with Olin * Fed Chair Janet Yellen to speak shortly before the closing bell * Futures off: Dow 23 pts, S&P 2 pts, Nasdaq 4 pts NEW YORK, March 27 (Reuters) – S&P Futures dipped on Friday, setting indexes up for a full week of daily Read More
A robust jobs report has sent the US dollar soaring, driving a sell-off in the oil market that has left the S&P Futures benchmark back below $ 50 a barrel. West Texas Intermediate for delivery in April slid $ 1.15 to $ 49.61 on the New York Mercantile Exchange on Friday, ending near its week-ago Read More
U.S. stock futures were sharply lower Thursday, while oil prices surged, as Saudi Arabia’s air strikes on Yemen caused jitters in markets. Both West Texas Intermediate rose 4.5% to $ 51.43 recently and Brent crude oil for delivery in May was up 4.4% at $ 58.98. Economic data on tap Thursday include jobless claims Read More
LONDON (ShareCast) – European stocks slid on Thursday after declines in US and Asian markets overnight coupled with growing concerns about instability in the Middle East in the wake of Saudi Arabia’s air strikes on neighbouring Yemen. At 0855 GMT, the UK’s FTSE 100 lost 0.3% to 6949 and the DAX in Germany shed 1.2% Read More
* Oil jumps after air strikes on Yemen * SanDisk tumbles in premarket after outlook cut * Weekly jobless claims, flash Markit services sector PMI on tap * Futures off: Dow 124 pts, S&P 14 pts, Nasdaq 46.25 pts By Chuck Mikolajczak NEW YORK, March 26 (Reuters) – S&P Futures were lower on Thursday to Read More